STATISTICAL TABLES FOR EXACT AND APPROXIMATE BIVARIATE DAGUM DISTRIBUTION
Keywords:
bivariate Dagum distribution, bivariate distributions, Excel spreadsheet, statistical tables, numerical double integration, bivariate cumulative distributionDOI:
https://doi.org/10.17654/0972361724055Abstract
Multivariate distributions, especially bivariate Dagum distribution, are pivotal in various economic, social, and business fields. However, researchers, especially non-specialized users of these distributions, often face difficulty in dealing with bivariate or multivariate distributions in application due to the complexity of their mathematical forms in many cases. Therefore, in this paper, we designed a statistical table that gives the exact values of the bivariate Dagum cumulative distribution in the cases of dependence and independence of random variables introduced by El-Khabeary et al. [8]. Then we presented an approximate distribution of the bivariate Dagum cumulative distribution by using numerical double integration and the corresponding statistical table. Also, some numerical examples are provided. Finally, a comparison study between the exact and approximate values is presented.
Received: April 19, 2024
Revised: May 31, 2024
Accepted: June 5, 2024
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